Table of Contents

company-logo

SOCAM Development Limited, an investment holding company, engages in the property development and construction businesses in Hong Kong, Macau, and Mainland China. The company operates in three segments: Property, Construction and Building Maintenance, and Other Businesses. It undertakes the construction of public housings, and commercial and institutional buildings, as well as provides interior fitting out and building renovation, maintenance, and facility management services. The company also provides venture capital investment, design and contracting, management, and consultancy services; and undertakes structural steel construction works. In addition, it owns and leases plants and machineries; supplies facades; and develops and leases properties. The company was formerly known as Shui On Construction and Materials Limited and changed its name to SOCAM Development Limited in September 2011. SOCAM Development Limited was incorporated in 1997 and is headquartered in Wan Chai, Hong Kong. SOCAM Development Limited operates as a subsidiary of Shui On Land Limited.

SOCAM Development Dividend Announcement

• SOCAM Development announced a annually dividend of HK$0.07 per ordinary share which will be made payable on 2022-06-30. Ex dividend date: 2022-06-08
• SOCAM Development's trailing twelve-month (TTM) dividend yield is -%

SOCAM Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-06-08HK$0.07annually2022-06-30
2013-06-20HK$0.50annually
2012-05-28HK$0.40annually
2011-09-28HK$0.25annually
2011-06-14HK$0.40annually
2011-06-10HK$0.40annually
2010-09-17HK$0.20annually
2010-05-24HK$0.25annually
2009-10-05HK$0.10annually
2008-10-03HK$0.20annually
2008-05-22HK$0.65annually

SOCAM Development Dividend per year

SOCAM Development Dividend growth

SOCAM Development Dividend Yield

SOCAM Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing SOCAM Development stock? Use our calculator to estimate your expected dividend yield:

SOCAM Development Financial Ratios

P/E ratio-1.18
PEG ratio-0.01
P/B ratio0.09
ROE-7.08%
Payout ratio0.00%
Current ratio0.85
Quick ratio0.72
Cash Ratio0.14

SOCAM Development Dividend FAQ

Does SOCAM Development stock pay dividends?
SOCAM Development does not currently pay dividends to its shareholders.
Has SOCAM Development ever paid a dividend?
No, SOCAM Development has no a history of paying dividends to its shareholders. SOCAM Development is not known for its dividend payments.
Why doesn't SOCAM Development pay dividends?
There are several potential reasons why SOCAM Development would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will SOCAM Development ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While SOCAM Development has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is SOCAM Development a dividend aristocrat?
SOCAM Development is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is SOCAM Development a dividend king?
SOCAM Development is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is SOCAM Development a dividend stock?
No, SOCAM Development is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy SOCAM Development stocks?
To buy SOCAM Development you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy SOCAM Development stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.